CALLING ALL INVESTORS - APPROX 7.5% GROSS RETURN WITH THE POTENTIAL TO INCREASE YOUR RETURN EVEN FURTHER!!
Don't miss this fantastic opportunity to buy & invest in Townsville's "RED HOT" property market.
This fantastic corner block investment offers the savvy investor 4x2 bedroom units & is fully tenanted with secure leases in place. One tenant has been there for 15 years, while another tenant has been there for 5 years. The rental return is achieving $1,035 per week.
Individual rental returns:
UNIT 1. Lease expiry 14/04/2025 currently at $280.00 per week- Rent will increase to $290.00 in April.
UNIT 2. Lease expiry 23/06/2025 currently at $285.00 per week.
UNIT 3. Lease expiry 23/06/2025 currently at $285.00 per week.
UNIT 4. Lease expiry 20/10/2025 currently at $285.00 per week.
- Each unit features two bedrooms, one bathroom, and single car accommodation
- Open plan living
- Functional kitchens with electric upright stove
The complex is well located, with walking distance to public transport, local shops, childcare facilities
Close proximity to Heatley High School, a short drive to Vincent Village Shopping Centre. Heatley Park & Long Tan swimming pool
Just a short drive to other major Shopping Centres', medical facilities, quality public & private Schools, Cafes, Domain & Bunnings Warehouse
Council rates are approximately $5,846 for 6 months
This property gives tenants a convenient lifestyle & offers investors an excellent investment opportunity with great returns.
Email me at terry.cochrane@belleproperty.com to make an offer & secure this property today!
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. We accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur.
